5
3
3
Federal Loan Systems Modernization Act of 2026
3/23/2026, 2:34 PM
Summary of Bill S 3980
This bill, titled "A bill to authorize the creation of a 'Lending.gov' as a shared services platform to provide a single source of access to loans provided by Federal agencies, and modern technology to support effective management of Federal credit programs," was introduced in the 119th Congress on March 4, 2026. The purpose of the bill is to reduce costs, prevent fraud, increase the speed of origination, improve transparency, and enhance access and customer experience in Federal credit programs by establishing a centralized platform for accessing loans.
Read the Full Bill
Current Status of Bill S 3980
Bill S 3980 is currently in the status of Bill Introduced since March 4, 2026. Bill S 3980 was introduced during Congress 119 and was introduced to the Senate on March 4, 2026. Bill S 3980's most recent activity was Read twice and referred to the Committee on Homeland Security and Governmental Affairs. as of March 4, 2026
Bipartisan Support of Bill S 3980
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3980
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill S 3980
Federal Loan Systems Modernization Act of 2026
Federal Loan Systems Modernization Act of 2026
A bill to authorize the creation of a "Lending.gov" as a shared services platform to provide a single source of access to loans provided by Federal agencies, and modern technology to support effective management of Federal credit programs, in order to reduce costs, prevent fraud, increase the speed of origination, improve transparency, improve access and customer experience, and for other purposes.
Comments

Stella Crowder
861
2 months ago
This bill is so dumb, like why do they even bother with this crap? It's just gonna mess everything up for us regular folks. I can't believe they think this is a good idea, it's gonna be a disaster. They need to get their act together and stop messing with things they don't understand. This is just gonna make everything worse, I can't even deal with it.
Sponsors and Cosponsors of S 3980
Latest Bills
Department of the Interior, Environment, and Related Agencies Appropriations Act, 2027
Bill HR 9171June 7, 2026
Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2027
Bill HR 9170June 7, 2026
Fraud Prevention and Accountability Act
Bill HR 8312June 6, 2026
Secure America Act
Bill S 2June 6, 2026
BINSA Act
Bill HR 9102June 6, 2026
SAFEGUARD Veterans Act of 2026
Bill HR 9105June 6, 2026
Celiac Safety Act of 2026
Bill HR 9048June 6, 2026
Blue Skies for Taiwan Act of 2026
Bill HR 9042June 6, 2026
TRUST Act
Bill HR 9068June 6, 2026
HOME for Foster Youth Act
Bill HR 9072June 6, 2026
Federal Loan Systems Modernization Act of 2026
Bill HR 7789March 23, 2026

